We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · PL1 3RX
Listing removedReduced £26k (−6.1%) on 23 JulListed 265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Admiralty Street is a quiet cul-de-sac located only a short walk away from Royal William Yard and Devil's Point Waterfront.
A 3 bedroom Georgian mid-terrace family home which has been recently updated & offers spacious living accommodation which comprises porch, entrance hall, lounge, dining room, breakfast room, kitchen, utility & a cloakroom on the ground floor.
There is a double bedroom, bathroom & WC on the half landing. A further 2 double bedrooms are off the first floor landing. The property has plenty of original features.
To the rear is an enclosed rear garden. No onward chain.
Admiralty Street, Stonehouse, Plymouth, Pl1 3Rx Area The Stonehouse area is well renowned for offering stunning coastal walks along the South West Coastal Path, as well as giving easy access to Mount Edgcumbe via the passenger ferry located at Cremyll Street.
The water taxi also leaves from Royal William Yard to Plymouth's historic Barbican and Mount Batten which also gives access to the world famous Plymouth Hoe and Mount Batten Peninsula.
Admiralty Street offers easy access into Plymouth City Centre. Accommodation Entrance via a wooden door which opens into the porch. Porch (1.22m x 1.12m (4'0" x 3'8" )) Dado rail.
Wooden door with glazed panel. Leaded light window above with stained glass. Opens into the entrance hall.
Entrance Hall (7.24m x 1.8m maximum (23'9" x 5'10" maximum)) Doors leading to the lounge & dining room. Staircase leading to the half landing & first floor landing. Dado rail. Covings.
Under-stairs storage cupboards. Lounge (4.63m x 4.04m (15'2" x 13'3" )) Feature fireplace with a marble hearth & surround with cast iron inset. Covings. Picture rail. Ceiling rose.
UPVC double-glazed window to the front. Dining Room (3.66m x 4.02m (12'0" x 13'2" )) Feature fireplace with open grate. Storage cupboard to one chimney breast recess. Covings. Picture rail.
UPVC double-glazed window to the rear. Inner Hallway (2.17m x 0.9m (7'1" x 2'11" )) Wooden door with glazed panels opens to the rear garden. Further door opens into the breakfast room.
Breakfast Room (3.71m x 3.06m (12'2" x 10'0")) Feature fireplace. Fitted storage cupboards to both chimney breast recesses. UPVC double-glazed window to the side. Wood effect laminate flooring.
Doorway opens into the kitchen. Kitchen (3.51m x 3.06m (11'6" x 10'0" )) Matching base & wall mounted units to include space for a cooker, fridge freezer & slimline dishwasher.
Roll edge laminate work surfaces have inset stainless steel twin drainer sink unit with mixer tap. Brick white styled splash-back. Wall mounted Ariston boiler. UPVC double-glazed window to the side.
Wood effect laminate flooring. Door to the utility. Utility (1.91m x 1.74m (6'3" x 5'8")) Plumbing & space available for a washing machine & tumble-dryer.
Roll edge laminate work surface with white brick style splash-back. Dual aspect with uPVC double-glazed window to the side & rear. Decorative tiled floor.
Cloakroom (1.57m x 0.93m (5'1" x 3'0")) Matching suite of close coupled wc & pedestal wash hand basin. Decorative tiled floor. Obscured uPVC double-glazed window to the rear.
Half Landing UPVC double-glazed window to the side. Doors leading in through the wc, family bathroom & bedroom 3. Wc (1.97m x 1.66m maximum (6'5" x 5'5" maximum)) Regular shaped room.
Matching close coupled wc, pedestal wash hand basin & chrome heated towel rail. Tiled to dado height. Wood effect laminate flooring. Extractor fan.
Bathroom (2.97m x 1.72m (9'8" x 5'7" )) Matching suite of 4 claw free standing bath, separate shower cubical with fitted shower & pedestal wash hand basin. Part-tiled walls.
Two velux windows to the roof. Extractor fan. Wood effect laminate flooring. Bedroom Three (3.55m x 3.07m (11'7" x 10'0")) Access hatch to roof void. Picture rail.
UPVC double-glazed window to the rear overlooking the garden. First Floor Landing Doors leading to bedroom 1 & bedroom 2.
Bedroom One (5.62m x 4.1m (18'5" x 13'5")) Feature fireplace with marble hearth & surround with cast iron inset & decorative tiles. Two uPVC double-glazed window to the front. Picture rail.
Covings. Ceiling roses. Bedroom Two (3.98m x 3.68m (13'0" x 12'0")) Feature fireplace. Storage cupboard with shelves to one chimney breast recess. Covings. Picture rail. Ceiling rose.
UPVC double-glazed window to the rear.
Outside To the rear an enclosed garden with slate path bordered on one side with raised flower bed with inset shrubs & plants, this runs alongside the property towards the rear boundary.
There stands a section of lawn & gate giving access out to the rear service lane.
Council Tax Plymouth City Council Council Tax Band: C Services Plymouth The property is connected to all the mains services: Gas, electricity, water and drainage.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 29, Admiralty Street, Plymouth
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